HDFC Bank Q2 Net Profit seen up 15.8% YoY to Rs. 8,698.7 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its second quarter (July-September’ 21) earnings estimates for the Banking sector. The brokerage house expects HDFC Bank to report net profit at Rs. 8,698.7 crore up 15.8% year-on-year (up 12.5% quarter-on-quarter).

Net Interest Income (NII) is expected to increase by 10.8 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 17,473.7 crore, according to Prabhudas Lilladher.

Pre Provision Profit (PPP) is likely to rise by 12.4% Y-o-Y (up 2.6 percent Q-o-Q) to Rs. 15,530 crore.

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